# PPP loan: STATEWIDE ELECTRICAL CONTRACTORS INC.
> **$487K** approved 01/27/2021 · Paid in Full · Loan `7045558302`
## Borrower
- **Name:** STATEWIDE ELECTRICAL CONTRACTORS INC.
- **Address:** 14100 SW 182nd Ave, Miami, FL, 33196-2256
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $493K (101%)
- **Forgiveness date:** 07/27/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 40
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*